Form 4 for GLW Corning Inc.
Accepted 2024-02-08 00:00:00 ET · period of report 2024-02-07 · accession 0001127602-24-003993 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-02-08 | 2024-02-07 | GLW | Bell Michael Alan | Senior VP, GM, Optical Comm | M - OptEx | $0.00 | +369 | 239 | New | $0 |
| D | 2024-02-08 | 2024-02-07 | GLW | Bell Michael Alan | Senior VP, GM, Optical Comm | F - Tax | $31.79 | -369 | 0 | -100% | -$11.7K |
| DM | 2024-02-08 | 2024-02-07 | GLW | Bell Michael Alan | Senior VP, GM, Optical Comm | A - Grant | $0.00 | +11.5K | 13.3K | +607% | $0 |
| DM | 2024-02-08 | 2024-02-07 | GLW | Bell Michael Alan | Senior VP, GM, Optical Comm | M - OptEx | $0.00 | -369 | 13.2K | -3% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-02-07 | M | A | 122 | $0.00 | 122 | D | — | — | (F1) Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock. |
| 2 | Common | Common Stock | 2024-02-07 | F | D | 369 | $31.79 | 0 | D | — | — | |
| 3 | Common | Common Stock | 2024-02-07 | M | A | 130 | $0.00 | 369 | D | — | — | (F1) Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock. |
| 4 | Common | Common Stock | 2024-02-07 | M | A | 117 | $0.00 | 239 | D | — | — | (F1) Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock. |
| 5 | Derivative | Performance Share Unit | 2024-02-07 | A | A | 3,786 | $0.00 | 3,786 | D | — · — to — | 3,786 Common Stock | (F1) Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock. (F3) Performance share units (PSUs) were earned February 7, 2024 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2023 pursuant to the 2023 agreement. Earned PSUs remain restricted until April 15, 2026, when they vest and convert to common stock, subject to service-based vesting requirement. |
| 6 | Derivative | Performance Share Unit | 2024-02-07 | A | A | 3,638 | $0.00 | 6,719 | D | — · — to — | 3,638 Common Stock | (F1) Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock. (F4) Performance share units (PSUs) were earned February 7, 2024 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2023 pursuant to the 2022 agreement. Earned PSUs remain restricted until April 15, 2025, when they vest and convert to common stock, subject to service-based vesting requirement. |
| 7 | Derivative | Performance Share Unit | 2024-02-07 | A | A | 4,029 | $0.00 | 13,341 | D | — · — to — | 4,029 Common Stock | (F1) Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock. (F5) Performance share units (PSUs) were earned February 7, 2024 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2023 pursuant to the 2021 agreement. Earned PSUs remain restricted until April 15, 2024, when they vest and convert to common stock, subject to service-based vesting requirement. |
| 8 | Derivative | Performance Share Unit | 2024-02-07 | M | D | 122 | $0.00 | 3,664 | D | — · — to — | 122 Common Stock | (F1) Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock. (F6) Vesting to satisfy tax requirement pursuant to the 2023 agreement. |
| 9 | Derivative | Performance Share Unit | 2024-02-07 | M | D | 117 | $0.00 | 6,602 | D | — · — to — | 117 Common Stock | (F1) Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock. (F7) Vesting to satisfy tax requirement pursuant to the 2022 agreement. |
| 10 | Derivative | Performance Share Unit | 2024-02-07 | M | D | 130 | $0.00 | 13,211 | D | — · — to — | 130 Common Stock | (F1) Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock. (F8) Vesting to satisfy tax requirement pursuant to the 2021 agreement. |